Trump considers extending TikTok deadline, EA beats earnings estimates, Google faces potential ad business split, Warren Buffett to retire, Microsoft shuts down Skype, Bill Gates talks climate disruption.
EA's Q4 report exceeded expectations, leading to an increase in stock price by Wall Street analysts. Wedbush raised price target to $210, JPMorgan to $160. EA reported net bookings of $1.8B, adjusted EPS of $1.58, and gave guidance for fiscal 2026 of $7.6B-$8B in net bookings and $7.60-$8.40 in adjusted EPS. JPMorgan predicts Q1 revenue of $1.28B and EPS of $0.15.
Benchmark increased its price target to $180 from $160, and kept a ‘Buy’ rating on EA’s shares, citing that the primary driver for the stock remains the expected launch of Battlefield in a window free of Take-Two's GTA 6.
U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Video game publisher Electronic Arts (NASDAQ:EA) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 6.5% year on year to $1.90 billion. The company expects next quarter’s revenue to be around $1.6 billion, coming in 10.6% above analysts’ estimates. Its GAAP profit of $0.98 per share was 8.2% above analysts’ consensus estimates.
As the regular session of the US market concludes on Tuesday, let's get an insight into the after-hours session and identify the top gainers and losers in the S&P500 index.
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
According to Morgan Stanley's Matt Wilson, the 5,750-5,800 area — the convergence of the 200-day and 100-day moving averages — is the most critical technical test for the S&P 500 Index.
In a week dominated by earnings buzz, a seismic shift in the app economy flew under the radar: a federal court gutted Apple Inc's (NASDAQ:AAPL) 27% commission on alternative in-app payments – handing Epic a big win and developers a rare moment of leverag
Electronic Arts shares rose 4.3% Friday afternoon. The stock gained following Rockstar Games' announcement that Grand Theft Auto VI, originally slated for fall 2025.
While JPMorgan analysts kept their ‘Overweight’ rating for Take-Two’s stock, they noted that the timeline for the videogame was well beyond any delay that investors had anticipated.
Roblox Corp. is intensifying its push to capture 10% of the global gaming market, leveraging artificial intelligence, genre diversification, and strategic brand partnerships as central pillars of its growth strategy.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Roblox (NYSE:RBLX) and its peers.
